Irina is a manager at Company ABC. She is dissatisfied with the performance evaluation system and would like to change it. She wants to develop an evaluation system in which supervisors, peers, employees, and customers evaluate the employees. Which appraisal system should Irina use?

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value